GE Aerospace Surges as Company Completes Historic Split
TL;DR
Shares of GE Aerospace surged 6% following positive updates from Wall Street analysts, with Barclays initiating coverage with a $185 price target and an overweight rating, and Deutsche Bank adjusting its price target to $190, implying a 31% premium to the current price. Analysts are bullish on GE Aerospace's prospects due to the commercial aerospace recovery, aggressive production of LEAP engines, and potential market share gains from RTX.
Topics:businessfinance#aerospace-industry#finance#financial-firms#ge-aerospace#stock-market#wall-street-analysts
- Why Shares in GE Aerospace Surged Higher Today The Motley Fool
- The dismantling of GE, once America’s iconic everything company, is now complete CNN
- GE's Final Split, a Breakup 130 Years in the Making The Wall Street Journal
- GE split: Last chapter of Jack Welch era ends Axios
- GE completes split into three independent companies Yahoo Finance
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